Snow Lake Resources ( (LITM) ) has provided an announcement.
On April 29, 2025, Snow Lake Resources Ltd. announced a significant expansion of its Pine Ridge Uranium Project in Wyoming, through a joint venture with Global Uranium and Enrichment Limited. The expansion increased the landholding by approximately 85%, adding 937 new claims covering around 7,045 hectares of previously unclaimed Federal mineral parcels. This strategic move enhances Snow Lake’s position in the Powder River Basin, a premier U.S. uranium production area, and sets the stage for the 2025 exploration season aimed at unlocking the full value of the project. The expansion also suggests a substantial increase in prospective strike length for uranium mineralization, highlighting the project’s potential impact on the company’s operations and industry positioning.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on Nasdaq under the symbol LITM. The company focuses on critical mineral and clean energy projects globally, with key exploration stage projects including the Pine Ridge Uranium Project in Wyoming, USA, and the Engo Valley Uranium Project in Namibia. Additionally, Snow Lake holds a portfolio of exploration stage critical minerals projects in Manitoba, Canada.
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Current Market Cap: $42.53M
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